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lefting off in new york and slowing in kansas city. residential real estate showing widespread improvement with existing home sales strengthening but prices steady to up. residential construction rose in most districts. mortgage lending was up especially for re-fis. job growth was flat to up restrained by all the headlines you've been reading -- politics, presidential race, fiscal policy and the european debt crisis. several statistics reporting a lack of skilled workers. what we haven't seen is this next headline where there are job training programs to address that shortage. it's hurting the midsection of the nations though. some districts are saying there's been some recent rainfall and it has helped crops. however, some of the price spikes related to the drought are beginning to show up at the consumer level. beige book is warning overall prices were mostly unchanged with some of those agricultural prices up. consumer spending was flat to up modestly with retail sales expanding modestly. high gas prices, political uncertainty, fisc
lefting off in new york and slowing in kansas city. residential real estate showing widespread improvement with existing home sales strengthening but prices steady to up. residential construction rose in most districts. mortgage lending was up especially for re-fis. job growth was flat to up restrained by all the headlines you've been reading -- politics, presidential race, fiscal policy and the european debt crisis. several statistics reporting a lack of skilled workers. what we haven't seen...
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people come through their doors and roughly one-third of everything they spend will return to the state, city and county governments in taxes. now i spoke with the chief operating officer of penn gaming which actually runs this casino. he said it shouldn't be difficult to figure out why there's such a rush to welcome in gaming. all you have to do is look at history. >> we've seen a growth early 90s when the desert storm recessionary period hit when a number of states in the midwest and south opened up their borders. now in these tough economic times we've seen states like massachusetts, ohio and florida open up their borders to commercial gaming as well. >> look what it's done in pennsylvania. it expanded its gaming two to three years ago. it now takes in more gambling tax money than nevada. indiana, new york and louisiana all rake in more than half a billion a year. nationally kw lly gambling is $ billion a year in revenues but 8 $8 billion in taxes. took 3,500 construction workers to build this place. 2,000 casino workers staff it. obviously it is a big deal in terms of job creation. now th
people come through their doors and roughly one-third of everything they spend will return to the state, city and county governments in taxes. now i spoke with the chief operating officer of penn gaming which actually runs this casino. he said it shouldn't be difficult to figure out why there's such a rush to welcome in gaming. all you have to do is look at history. >> we've seen a growth early 90s when the desert storm recessionary period hit when a number of states in the midwest and...
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he worked at city core for 14 years, became the ceo of asia-pacific operations and work that nestlÉ and pepsico. the existence of a brand guy who understands the merging markets better than almost any chief executive in the united states. both gentlemen are welcome on this show. the great thing about visa and mastercard is even though they run pretty far this year and even though they're within striking distance of their all-time highs, the stocks are actually pretty cheap. i'm not saying cheaper than 2015 earnings the way so many momentum investors are trying with the anointed stocks in the fourth quarter. they're very cheap on those numbers but visa and mastercard are inexpensive on next year's numbers. visa cells for 19 times 2013 estimates. mastercard a we ate team times estimates saying both have rates of 19%. that's why they love these stocks. they're low price, low earnings multiple stocks. how about 16 times earnings for 2014? do you see why the buyers are so relentless? these and mastercard joined the ranks of amazon and google in our fourth quarter hot list. these terrific gro
he worked at city core for 14 years, became the ceo of asia-pacific operations and work that nestlÉ and pepsico. the existence of a brand guy who understands the merging markets better than almost any chief executive in the united states. both gentlemen are welcome on this show. the great thing about visa and mastercard is even though they run pretty far this year and even though they're within striking distance of their all-time highs, the stocks are actually pretty cheap. i'm not saying...
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and it's a trf vaes city and a disgrace. whether we say i support or do not support, we need to sit down together, all of us, led by the president, and say, look, here's our deficit, here's our goal, here's the period of time that we have in order to fix it. and here are the measures that have to be on the table, the ones we can agree on, those we disagree on, but we have to come out with a way to so that the bleeding. that means putting everything on the table. now, i oppose -- the fact is that there can be an agreement in my view that we would all have to make some sacrifices. but for me to say i would support this, i wouldn't support that, that's not the way you negotiate. >> but you're saying you won't put the mortgage tax deduction on the table. >> i wouldn't agree to it. but the fact is that there can be an agreement. >> didn't the debt ceiling negotiation show that there simply cannot be a coming to terms between republicans and democrats? each party has their own sacred house that they refuse to budge. >> the preside
and it's a trf vaes city and a disgrace. whether we say i support or do not support, we need to sit down together, all of us, led by the president, and say, look, here's our deficit, here's our goal, here's the period of time that we have in order to fix it. and here are the measures that have to be on the table, the ones we can agree on, those we disagree on, but we have to come out with a way to so that the bleeding. that means putting everything on the table. now, i oppose -- the fact is...
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new york city only getting up to 55 for the day. a little bit of wet weather here throughout the carolina, down into florida. middle of the nation looks pretty quiet from st. louis to dallas. watch out for rain coming into the midwest later today. back to you. >> thank you very much. let's talk about the election if we could. joining us now, chief washington correspondent john harwood. good morning to you, sir. >> good morning. where were the highlights about the nationals some? >> i was happy to see it. i could feel it coming, too, because they were down 2-1. and i've seen st. louis enough. a great team, they won last year, but -- >> they won last year. and our closer shut the cardinals down. pretty impressive. almost as impressive as the reds going up 2-0. >> would it be more disappointing if you would win the series and then lose badly to the reds? how would you like to play out? might be better to lose now. >> last time i checked -- >> one game better. that's like your two touchdowns -- >> home field advantage, baby. >> like you
new york city only getting up to 55 for the day. a little bit of wet weather here throughout the carolina, down into florida. middle of the nation looks pretty quiet from st. louis to dallas. watch out for rain coming into the midwest later today. back to you. >> thank you very much. let's talk about the election if we could. joining us now, chief washington correspondent john harwood. good morning to you, sir. >> good morning. where were the highlights about the nationals some?...
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it's the third largest city in the united states of america. there's no reason that it shouldn't be among the top tier in terms of innovation technology companies that get built. groupon being one example. but at lightbank, we're in over 50 companies. doing amazing things. this is just one more part of the cocktail that gets built that allows us to get great entrepreneurs and great ideas and help get them off the ground. >> eric, from your perspective as venture capitalists and co-founders of groupon, the stock is down more than 50%. i'm being generous. since it ipo'd at the new york stock exchange. i'm wondering what you think went wrong when it came to this issue. >> first of all, we're not here to talk about groupon -- the guy you should talk to is andrew, the ceo. but i think in general, when you look at the recent ipo of facebook, zynga, groupon, there's no question that these companies have been very volatile and investors have bounced around quite a bit over the past few months. and why that is, i'm not an expert in the field and couldn'
it's the third largest city in the united states of america. there's no reason that it shouldn't be among the top tier in terms of innovation technology companies that get built. groupon being one example. but at lightbank, we're in over 50 companies. doing amazing things. this is just one more part of the cocktail that gets built that allows us to get great entrepreneurs and great ideas and help get them off the ground. >> eric, from your perspective as venture capitalists and...
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i think that i have this theory that all american cities have their own m.o. i think people go to l.a. to be famous and boston to be smart and i think people go to new york to win. >>> coming up next a trade of the day that you could call a miracle drug. keep it there because we are going to lift that curtain and reveal what it is in mere minutes. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> it is time for the moment you have been waiting for, our trade of the day. so mr. guy, go ahead. >> there is nothing generric about "fast money." we are innovators here. if you are looking for a stock that is a segue. they raise the curtain. the symbol is wpi. in the generric world this is best in breed. it has been on a fantastic run. pe
i think that i have this theory that all american cities have their own m.o. i think people go to l.a. to be famous and boston to be smart and i think people go to new york to win. >>> coming up next a trade of the day that you could call a miracle drug. keep it there because we are going to lift that curtain and reveal what it is in mere minutes. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they...
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Oct 6, 2012
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these are the traders here in times square and in the lovely city of los angeles. the dow closing now for the third straight day and reports five-year highs, but the make-or-break moment is here. earning season is upon us, so the question is do you stay long into next week? let's get into money right now and find out. before we do that, though, we've got to talk about apple. it looks like there are signs of a breakdown here with apple breaking below the 50-day moving average, dan, moving lower by 2% on a day where the markets are basically flat. and on top of it, we have the foxconn strike. >> yes. so that headline came out that one of the factories in china where they make the iphone 5, the stock took a leg down. i mean maybe half a percent, three quarters of a percent. it was weak all day. >> right. >> but here's the thing. i think it feels like the momentum has kind of come out of the thing right here. we had this buildup into the iphone 5 release, and then obviously the units were a little disappointing. so here you have the thing on a technical basis, 650 is t
these are the traders here in times square and in the lovely city of los angeles. the dow closing now for the third straight day and reports five-year highs, but the make-or-break moment is here. earning season is upon us, so the question is do you stay long into next week? let's get into money right now and find out. before we do that, though, we've got to talk about apple. it looks like there are signs of a breakdown here with apple breaking below the 50-day moving average, dan, moving lower...
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the bigger the city, the bigger the problem. in new york city, 10,000 butt dial calls to 911 every day. >> what's the cost of that? got to be hundreds of millions of dollars. >> i don't know. you know what? i blame wall street fat cats and their fat fingered flash crash trading. >> all i can say is that is a
the bigger the city, the bigger the problem. in new york city, 10,000 butt dial calls to 911 every day. >> what's the cost of that? got to be hundreds of millions of dollars. >> i don't know. you know what? i blame wall street fat cats and their fat fingered flash crash trading. >> all i can say is that is a
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we know atlantic city is getting skewed by pennsylvania. what happens when they open the fourth casino in the spring of 2013? will they start to lose business sneer these are open-ended questions but there will be a tipping point on supply/demand. >> brian, hopefully this is your last live shot, i see an empty seat at that blackjack table over your right shoulder. >> i'm in. thanks, buddy. >> brian shactman for us. >>> what will move your money even before tomorrow's opening bell rings? >> our trio of wall street's top market watchers gives you a leg up on the other side of the break. mike rowe here at a ford dealer with a little q&a for fiona. tell me fiona, who's having a big tire event? your ford dealer. who has 11 major brands to choose from? your ford dealer. who's offering a rebate? your ford dealer. who has the low price tire guarantee... affording peace of mind to anyone who might be in the market for a new set of tires? your ford dealer. i'm beginning to sense a pattern. buy four select tires, get a $60 rebate. use the ford service
we know atlantic city is getting skewed by pennsylvania. what happens when they open the fourth casino in the spring of 2013? will they start to lose business sneer these are open-ended questions but there will be a tipping point on supply/demand. >> brian, hopefully this is your last live shot, i see an empty seat at that blackjack table over your right shoulder. >> i'm in. thanks, buddy. >> brian shactman for us. >>> what will move your money even before tomorrow's...
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the leading army executive in the country, really has put his life on the line as well as new york city police chief jim esposito. thanks for joining us. >> it's a great day. thanks to be here and talk to you. >> how important was it -- how does it feel to be grand marshal of columbus weekend? what does it mean for you, a man who started his own business from the ground up? >> you think about 520 years ago, columbus had a vision, he was an entrepreneur tried to do a venture capital deal with the queen of spain. more fundamental it lays the track of what u.s. is all about. the rule of law, the free market system, even with all the blemishes of the last few years, and then the ability to succeed and the vision of columbus and what we're doing here with this parade is to raise millions of dollars, which we do every year, and give it back to individuals that want to have an equal opportunity through school. we give that money to students, thousands of them, maria, and that's why i'm doing this. i want to continue to help contribute. >> you constantly give back. the money raised, $2 million
the leading army executive in the country, really has put his life on the line as well as new york city police chief jim esposito. thanks for joining us. >> it's a great day. thanks to be here and talk to you. >> how important was it -- how does it feel to be grand marshal of columbus weekend? what does it mean for you, a man who started his own business from the ground up? >> you think about 520 years ago, columbus had a vision, he was an entrepreneur tried to do a venture...
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. >>> live from the nasdaq market site at new york city's times square. an unhappy anniversary for the bulls today. concerns about earnings and global growth here overblown. should we be happy because the first two earnings seem to be good? >> the one thing not priced is better earnings and a better economic environment. everybody that you talk about is doom and gloom. the economic numbers have not been that great. so certainly some of it is justified. today was a very interesting day because the whole rally from the 2009 lows up until now has been driven by this push and pull between policy and economics and/or fundamentals rchlt today we had a policy response in kmien china and economic fundamentals and today the imf chose economic fundamentals which to me is a warning sign. it is not a place you want to go in all short. it is a warning sign. >> you were actually right. you were bullish from the 1400 level up to 1474. you are saying lock in profits? >> i would say absolutely lock in profits. i think you need to watch for the risk that the market has cha
. >>> live from the nasdaq market site at new york city's times square. an unhappy anniversary for the bulls today. concerns about earnings and global growth here overblown. should we be happy because the first two earnings seem to be good? >> the one thing not priced is better earnings and a better economic environment. everybody that you talk about is doom and gloom. the economic numbers have not been that great. so certainly some of it is justified. today was a very...
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citi is not that big europe. it's more asia and emerging markets and qe3 in both times we've gone through this before has been a big beneficiary to emerging markets. >> fred, if you had to own one bank and you had a few thousand bucks to put to work who would you put it in? >> i'd buy citi going into next week. >> fred, thanks so much. >> great to be on. >>> coming up on "halftime" housing turned the corner, jamie dimon said those words today and we've been saying it for weeks. >>> and later, the biggest tech ipo since facebook hits the street, but is workday worth your investment dollars? >>> double-digit returns for investment stocks in coal. is today the day to sell into that rally? [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million art
citi is not that big europe. it's more asia and emerging markets and qe3 in both times we've gone through this before has been a big beneficiary to emerging markets. >> fred, if you had to own one bank and you had a few thousand bucks to put to work who would you put it in? >> i'd buy citi going into next week. >> fred, thanks so much. >> great to be on. >>> coming up on "halftime" housing turned the corner, jamie dimon said those words today and we've...
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china is a microcosm of the world, which is a tale of two cities. large concerns about macroeconomic growth. i tell you, 6% is a lot better than zero. point one. if you look inside these economies, the key concern about china right now is overinvestment potentially in fixed assets, primarily real estate and infrastructure. if you take that and put that aside at the moment, if you look at what's going on in the chinese economy, it's just roaring in terms of its growth. we made an investment recently with a large group. in fact, it's one of the largest investments ever made in alibaba. it's growing quickly with the trend of the penetration of the internet in china. chinese just recently announced they're going to hook up broadband communications to 250 million households in china. that's almost as many people as we have in the united states. >> can yahoo! compete with that? >> they do very different things. alibab, one of the great things about the business is it's a commerce company. it's more like an amazon or ebay than a yahoo! in that it does enor
china is a microcosm of the world, which is a tale of two cities. large concerns about macroeconomic growth. i tell you, 6% is a lot better than zero. point one. if you look inside these economies, the key concern about china right now is overinvestment potentially in fixed assets, primarily real estate and infrastructure. if you take that and put that aside at the moment, if you look at what's going on in the chinese economy, it's just roaring in terms of its growth. we made an investment...
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city today making that huge rating cut. and another player i want to take a look at, an indian adr, infosys dropping as investors are once again disappointed in its earnings and growth outlook. this is a company that those who invest in india and in outsourcing watch very closely as it is considered an i.t. bellwether. >>> big box stores are getting aggressive this holiday season with best buy apparently announcing plans to match online prices. something they hadn't done before. they used to match brick and mortar stores to brick and mortar stores but not the clicks. walmart saying this week it is going to test same-day delivery service in some markets but will any of it beat back the trend of internet shopping joining me now, dan binder, the analyst who just upgraded walmart from a hold to a buy. cnbc contributor stacy which id is also with us. what caused you to say the stock is now a buy as opposed to just a hold. >> it's reflected some of the turnaround the company's had thus far. i think what we saw at this year's anal
city today making that huge rating cut. and another player i want to take a look at, an indian adr, infosys dropping as investors are once again disappointed in its earnings and growth outlook. this is a company that those who invest in india and in outsourcing watch very closely as it is considered an i.t. bellwether. >>> big box stores are getting aggressive this holiday season with best buy apparently announcing plans to match online prices. something they hadn't done before. they...
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, the more income there is to the city. >> ohio's considered a swing state. right? but unemployment here has been running well below the national average. we look at a few dealers doing their thing here. been below the national average for a while. looks like today a lot of people played hookie. at least 5,000 people have been here. there are a few notes of caution. number one, the two casinos that were open in 2011 already reported year over year decreases in revenue, only open a few months. i also want to point out projections from income taxes from here are already well below what they initially thought when they green lighted these projects. >> brian, where exactly did they build that casino in columbus? >> reporter: well, they wanted it downtown. the city said, no, our downtown is doing well. we want to put it right on the edge of town. this used to be an auto parts manufacturing facility and it had been abandoned for years. so they came in and there wasn't much built up and the state and the city put in extra money to build up around it. the hope is tha
, the more income there is to the city. >> ohio's considered a swing state. right? but unemployment here has been running well below the national average. we look at a few dealers doing their thing here. been below the national average for a while. looks like today a lot of people played hookie. at least 5,000 people have been here. there are a few notes of caution. number one, the two casinos that were open in 2011 already reported year over year decreases in revenue, only open a few...
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. >> tier seven cities the size of philadelphia, tier one, two, three, i love the tier one, tier two, tier three. >> costco. >> $1.39, beats $1.31, same-store sales up six, x fuel, where you made your money from 1981? >> yes. they were furious i didn't -- i haven't upgraded executive. it is my bad. i've been time constrained. >> a lot of discussion about how expense self they are relative to a walmart or a target, is valuation the main theme here? >> well, the stock is expensive priced for perfection. they deliver perfection, carl, as you know, it was perfection, a lot of people thought that post jim senegal they couldn't deliver, remarkable and not losing as much money on the big screen tvs as i thought. the 60 incher was under $2000 by best buy but you have an insulation problem and it's heavy and i need some guys. >> walmart years ago gave up giving us same-store sales. target is going to do that but costco still does, not worried about it at all and people say it's because everybody's so short term focus, we don't want them to be. this is one of the longest term focused companies
. >> tier seven cities the size of philadelphia, tier one, two, three, i love the tier one, tier two, tier three. >> costco. >> $1.39, beats $1.31, same-store sales up six, x fuel, where you made your money from 1981? >> yes. they were furious i didn't -- i haven't upgraded executive. it is my bad. i've been time constrained. >> a lot of discussion about how expense self they are relative to a walmart or a target, is valuation the main theme here? >> well,...
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a city councilman said the building cost the city $1 billion a year in the tax loss and calls this project outrageous. >> you're going to get so many people -- you're going to crash the site. >> i hope so. >> robert, thank you very much. appreciate it. >>> coming up in the next hour -- street signs has top apple analyst gene munster from pipalafterry. he looks at what an ipad mini could mean for the stock and the one thing that he thinks could keep apple going for years to come. ♪ [ man ] when i'm in my zone... every move i make is a statement... ♪ ...that inspires me to make my mark. ♪ [ male announcer ] the all-new lexus es 350. ♪ [ male announcer ] the all-new lexus es 350. wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. >>> checking the markets for you -- we are just a fraction off
a city councilman said the building cost the city $1 billion a year in the tax loss and calls this project outrageous. >> you're going to get so many people -- you're going to crash the site. >> i hope so. >> robert, thank you very much. appreciate it. >>> coming up in the next hour -- street signs has top apple analyst gene munster from pipalafterry. he looks at what an ipad mini could mean for the stock and the one thing that he thinks could keep apple going for...
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he needs the urban cities in ohio to turn out with big, big numbers. otherwise this thing gets very tricky for the president. >> yesterday, eamon, cnn opinion research had obama up four in ohio. but another poll, arg had romney up one. there's a new poll out today, came out today, survey usa has obama up one, 45% to 44% in ohio. >> i guess it depends on how many democrats you poll and how many republicans. >> that's true too. >> and that's why the debate is so important. because that deals with the energy and enthusiasm of your political base and that gets the turnout. if democrats are feeling muted and down beat after the debate, they might not be as fired out to go out and get their friends and rent a van and go to the polling place. the same thing with the republicans on the flip side. the enthusiasm and turnout on the base is going to matter in ohio. >> eamon, thank you. >> you bet. >> okay. are you a nationals fan? >> i'm -- i'm not. i'm not a baseball guy. so, but they're having a good year down here and redskins are doing all right too. >> yeah,
he needs the urban cities in ohio to turn out with big, big numbers. otherwise this thing gets very tricky for the president. >> yesterday, eamon, cnn opinion research had obama up four in ohio. but another poll, arg had romney up one. there's a new poll out today, came out today, survey usa has obama up one, 45% to 44% in ohio. >> i guess it depends on how many democrats you poll and how many republicans. >> that's true too. >> and that's why the debate is so important....
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they could contaminate the water supply in major cities or shut down the power grid across large parts of the country. >> now, as scary as though scenarios are, what he said was he needs the business community to be involved, and he pushed for legislation and new funding for a core of cyber warriors inside the pentagon here in northern virginia. what he's saying is he wants the business community to be involved here and he wants this legislation, which is going to allow partnership between the pentagon and businesses, but not all businesses are necessarily buying into this idea. we talked to the folks at the u.s. chamber of commerce. here's what they had to say. they're weary of additional regulations. they said, the optimal way forward will not be found in layering additional regulations on the business community. we would like to see a program that will work. guys, a little bit of a push/pull here. the question is, who bears the responsibility for defending a cyber attack, and who pays the costs associated with that defense, which is going to have to be massive if you're protecting t
they could contaminate the water supply in major cities or shut down the power grid across large parts of the country. >> now, as scary as though scenarios are, what he said was he needs the business community to be involved, and he pushed for legislation and new funding for a core of cyber warriors inside the pentagon here in northern virginia. what he's saying is he wants the business community to be involved here and he wants this legislation, which is going to allow partnership...
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reconcile that cautiousness with some of the forecasts for the next year when the s&p from goldman sachs or citi or other groups see it going as high as 1650. >> that's exactly the point. everybody's worried, and they're raising their numbers. are they insane or what? there's two things going on. number one, qe-3, 4, 5, 6, 7, and 8. we don't know how much higher the market is as a result of fed's action, but it is higher. number two, feorget about 13 or 14 multiples. if europe calms down, there are people arguing we should have a higher multiple like 15. if you have 15 on the s&p right now at 105, $108 earnings next year, you're at 1600 easy. it's easy to sort of make the argument at this point. >> we're talking very long term here. tell us what you think of what's happened this week. is this problematic at all? we're struggling to stay positive. we've had a long week here of losing every single day nearly. is that a signal of something that's going to come here in the short term? are we walking into a big correction? >> i mean, i think it would be hard to extrapolate any one trend. i think for
reconcile that cautiousness with some of the forecasts for the next year when the s&p from goldman sachs or citi or other groups see it going as high as 1650. >> that's exactly the point. everybody's worried, and they're raising their numbers. are they insane or what? there's two things going on. number one, qe-3, 4, 5, 6, 7, and 8. we don't know how much higher the market is as a result of fed's action, but it is higher. number two, feorget about 13 or 14 multiples. if europe calms...
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at the nasdaq market sites at new york city's times square, i'm melissa lee. happy columbus day. >> was that a -- >> christopher columbus -- >> surprised. we have done that every year, the last five years. >> doesn't matter? >> doesn't matter. >>> tomorrow marks a milestone for the market, five years since the s & p 500 hit its record high. down about 6 1/2% since then so the question here is can stocks ever get there and what will it take? could it be earnings season? what do you think, pete? >> probably have to be earnings season a different catalyst every single week, we get into this week, obviously everybody last week focusing on the debates, some of the economic numbers. now alcoa out tomorrow but i think later in the week, we start to hear from some of these banks. look at the volatility index, yes pushing up on that 50-day moving average, pulling back off it again today and remain closer and closer towards that 15 level. you look at the financials right now, today, again, they trade pretty nice, actually, market off the financials are basically flat on
at the nasdaq market sites at new york city's times square, i'm melissa lee. happy columbus day. >> was that a -- >> christopher columbus -- >> surprised. we have done that every year, the last five years. >> doesn't matter? >> doesn't matter. >>> tomorrow marks a milestone for the market, five years since the s & p 500 hit its record high. down about 6 1/2% since then so the question here is can stocks ever get there and what will it take? could it be...
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since bill clinton visited back in 1999. 7,000 police officers are on duty and they've blocked off the city to the protesters because at any cost they do want to avoid violence flaring up. on it so it's now a red zone. so police is on heavy guard because they'll have water cannons available, snipers are positioned around where the german delegation is staying. why is she coming now, why didn't she visit the two previous governments? because she knows hostility towards her is extremely high. remember for the better part of the last three or four year, she was seen as a scapegoat for the tough austerity measures that have been implemented here and that has led to the deep, deep recession in this country. well, she wants to send a message of support and solidarity about the reform efforts that have already been taken. but privately she'll be pressuring to say you have to continue with the reform efforts and we're not coming with any gifts. we'll make no further concessions. that will be her tough message as she comes here today. back over to you. >> what's interesting is that maybe the timing
since bill clinton visited back in 1999. 7,000 police officers are on duty and they've blocked off the city to the protesters because at any cost they do want to avoid violence flaring up. on it so it's now a red zone. so police is on heavy guard because they'll have water cannons available, snipers are positioned around where the german delegation is staying. why is she coming now, why didn't she visit the two previous governments? because she knows hostility towards her is extremely high....
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. >> yeah, morgan stanley and citi are chosen as part of the portfolio. pick some names from the energy space? >> well, in the energy space it's all about the refiners, that's where most folks have been positioned. pete has been on that story, as well. a little bit of a reallocation, you look at exxon mobil which has proven oil reserves and has a touch of natural gas. i think under a romney administration, a big large cap oil name like exxon mobil will do well. however, i'm not entirely in love with energy here. and understand the congress that romney would be working with is not the congress that we had under president bush, which is a very pro-oil type of congress, right? >> stephanie link, take a position on hospital stock. one of the sectors that seems most obvious to gain under president obama affordable care act, more people heading into hospitals, getting care and the hospitals being reimbursed for that coverage where they otherwise might not be, those are the stocks pulling back right now as mr. romney seems to be gaining a bit in the polls. >> ye
. >> yeah, morgan stanley and citi are chosen as part of the portfolio. pick some names from the energy space? >> well, in the energy space it's all about the refiners, that's where most folks have been positioned. pete has been on that story, as well. a little bit of a reallocation, you look at exxon mobil which has proven oil reserves and has a touch of natural gas. i think under a romney administration, a big large cap oil name like exxon mobil will do well. however, i'm not...
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look at shares pay dupe sharply and the reports out there that square close to a deal with new york city to get their payment system in about 1,000 cabs in the city, verifone pretty much owns this marketplace now. >> brian, thank you very much. >>> politics now. president obama heading to columbus, ohio, later today. mitt romney, as you see live in this picture, is in iowa this hour. so much attention, of course, on the presidential race, but it's the congressional elections which could have major ramifications on the power play in washington, including how we deem with the upcoming fiscal clif cliff. amon javers has more. >> let's see what the impact is likely to be or maybe not be on the fiscal cliff negotiations and start with the balance of power. not able to come to an agreement on the debt ceiling last year, they are not able to come to any agreement and the reason is partly because of that huge house republican freshman class of 87 members, 82 are running again for re-election, their fate, how they do in november, might impact debate, but only two are in tossup races, that means d
look at shares pay dupe sharply and the reports out there that square close to a deal with new york city to get their payment system in about 1,000 cabs in the city, verifone pretty much owns this marketplace now. >> brian, thank you very much. >>> politics now. president obama heading to columbus, ohio, later today. mitt romney, as you see live in this picture, is in iowa this hour. so much attention, of course, on the presidential race, but it's the congressional elections...
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>> i'm just not a big fan of citi because i'm not a huge fan of their management. i'm in b of a. i think that's got great upside. below book. cheaper on a book basis. stock's done well. i think you play any -- we heard jamie dimon talk about how he's not giving up on spain. the opportunities they're starting to mine over there from the reduced exposure of the european banks is going to be huge. go with multinationals with the best management. that continues to be jpmorgan. >> murphy, you'll hear from goldman sacs. what about goldman here? capital markets have improved. no denying that. where does goldman figure in all of this? >> i think it's one of the names you want to look at and be long. if any of the banks pull back on earnings, jpmorgan down 5%, 6%, or a wells or goldman add to the position. either way whatever the reaction is to the earnings i think you'll get clarity from every single one of them. i think that's why the entire sector moves up from here. >> goldman makes a lot of money. mike's right. goldman makes a lot of money in markets like what we've had in the third
>> i'm just not a big fan of citi because i'm not a huge fan of their management. i'm in b of a. i think that's got great upside. below book. cheaper on a book basis. stock's done well. i think you play any -- we heard jamie dimon talk about how he's not giving up on spain. the opportunities they're starting to mine over there from the reduced exposure of the european banks is going to be huge. go with multinationals with the best management. that continues to be jpmorgan. >>...
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they closed an elementary school, and they're slashing the city budget. have you already lost policemen? >> yes. >> firemen? >> yes. >> what about the hospital in town? >> it's being reduced in size as well. >> coming up, the people versus politicians. >> how many of you would say that you're angry about politics right now? [people murmuring] oh, that got a big yes. >> i'm sick and tired of people going to congress and washington, d.c., and making a living out of it, while we starve to death. >> that's ahead when 60 minutes on cnbc returns. [ male announcer ] the 2013 smart comes with 8 airbags, a crash management system and the world's only tridion safety cell which can withstand over three and a half tons. small in size. big on safety. [ male announcer ] the exceedingly nimble, ridiculously agile, tight turning, fun to drive 2013 smart. ♪ >> newton, iowa's congressional district is bipartisan country. it voted for george bush in 2004 and then for president obama. but on the eve of the 2010 midterm elections, newton was angry with washington, and the t
they closed an elementary school, and they're slashing the city budget. have you already lost policemen? >> yes. >> firemen? >> yes. >> what about the hospital in town? >> it's being reduced in size as well. >> coming up, the people versus politicians. >> how many of you would say that you're angry about politics right now? [people murmuring] oh, that got a big yes. >> i'm sick and tired of people going to congress and washington, d.c., and making...
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your message is obama is in fact going to rob the suburbs to pay the city. in brief, stanley, how does he do that as president? >> well, larry, there's a practice called regional tax base sharing that obama would like to spread to every metropolitan region in the country. this is where all the suburbs in a metropolitan area have to kick in a big chunk of their tax money and that gets redistributed to cities. ohio has a lot of folks that would like to see that practice come to the state. >> cleveland, right? maybe even hamilton county, which is cincinnati which has its urban problems. >> that's right. but they're centered around the northeastern area around cleveland. they made a good run at it and came close in the legislature in 2009. >> that's what i wanted to get at. i have no correct you're right about president obama's hidden agenda. but at the end of the day, if these states and localities don't want to do that, they don't have to do that. in 2010, the tea party stopped tax sharing and they were also able to stop a lot of the regional planning. it's re
your message is obama is in fact going to rob the suburbs to pay the city. in brief, stanley, how does he do that as president? >> well, larry, there's a practice called regional tax base sharing that obama would like to spread to every metropolitan region in the country. this is where all the suburbs in a metropolitan area have to kick in a big chunk of their tax money and that gets redistributed to cities. ohio has a lot of folks that would like to see that practice come to the state....
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for new york to be specific for the city, what you can expect today, temperatures going to 53 by noon. we can expect a few more clouds into the afternoon and evening. temperatures going up just a little bit by 6:00 p.m. popping out around 55. and then into the late night hours, we can expect skies to be hazy, but then the clouds moving in around midnight. 52. from the northeast out to the west, that's really the sore spot in terms of rough weather around the country. we have the heavy rain, strong winds. might have backups for you at l.a.x. where temperatures today expecting to go to 70 degrees. along the channel, heavy rainfalls. san francisco, scattered showers there possibly, but that should kind of give way to some pretty between conditions in the afternoon. and the mys in nevada, thunderstorms to deal with and that may be the situation in reno. but for l.a., scattered showers and 67 degrees. by nighttime, we're going right back down into the low 60s. possibly some marine layer by tomorrow morning. that's a quick snapshot of your forecast. back to you in new york. >> thank you ver
for new york to be specific for the city, what you can expect today, temperatures going to 53 by noon. we can expect a few more clouds into the afternoon and evening. temperatures going up just a little bit by 6:00 p.m. popping out around 55. and then into the late night hours, we can expect skies to be hazy, but then the clouds moving in around midnight. 52. from the northeast out to the west, that's really the sore spot in terms of rough weather around the country. we have the heavy rain,...
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they closed an elementary school, and they're slashing the city budget. have you already lost policemen? >> yes. >> firemen? >> yes. >> what about the hospital in town? >> it's being reduced in size as well. >> coming up, the people versus politicians. >> how many of you would say that you're angry about politics right now? [people murmuring] oh, that got a big yes. >> i'm sick and tired of people going to congress and washington, d.c., and making a living out of it, while we starve to death. >> that's ahead when 60 minutes on cnbc returns. those surprising little things she does still make you take notice. there are a million reasons why. but your erectile dysfunction that could be a question of blood flow. cialis for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all your medical conditions and medications, and ask if your heart is heal
they closed an elementary school, and they're slashing the city budget. have you already lost policemen? >> yes. >> firemen? >> yes. >> what about the hospital in town? >> it's being reduced in size as well. >> coming up, the people versus politicians. >> how many of you would say that you're angry about politics right now? [people murmuring] oh, that got a big yes. >> i'm sick and tired of people going to congress and washington, d.c., and making...
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save your city or county some money, please. that's one to grow on. >> little tip. "closing bell" is next. >>> welcome to the "closing bell." i'm michelle caruso-cabrera in for maria bort rartiromo. it's going to be a close one, folks. >> up a little bit right now. i'm bill griffeth with my lock feature on my phone right now, as a matter of fact. nasdaq under pressure. could be set for a six-day losing streak. earnings out of jpmorgan chase this morning and wells fargo especially doing little to lift this market. both stocks under pressure today as are all the bank stocks as we head into the home stretch here. speaking of wells fargo, don't miss our first on cnbc interview with chief financial officer timothy sloan. we'll get his take on the earnings and his thought of the state of the consumer, whether the housing market will come back. we'll also ask him about legal challenges facing that bank that came out just this week. but first, here's how we stand right now. this trading pattern chart will look familiar. it's been like this all week. you buy in the morning.
save your city or county some money, please. that's one to grow on. >> little tip. "closing bell" is next. >>> welcome to the "closing bell." i'm michelle caruso-cabrera in for maria bort rartiromo. it's going to be a close one, folks. >> up a little bit right now. i'm bill griffeth with my lock feature on my phone right now, as a matter of fact. nasdaq under pressure. could be set for a six-day losing streak. earnings out of jpmorgan chase this morning...
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killed and wounded, democrat wars in this century will be about 1.6 million americans enough to fill the city of detroit. >> senator dole has richly earned his reputation as a hatchet man by implying and stating that world war ii and the korean war were democratic wars. >> now for paul ryan, he's got to worry as a younger candidate against inadvertently walking into a buzz saw against a more experienced opponent the way dan quayle walked into this line from lloyd benson. take a listen. >> i have as much experience in the congress as jack kennedy did when he sought the presidency. i will be prepared to deal with the people in the bush administration if that unfortunate event would ever occur. >> senator bentsen. >> senator, i served with jack kennedy, i knew jack kennedy, jack kennedy was a friend of mine. senator, you're no jack kennedy. >> now here's an object lesson for joe biden in a positive sense. eight years ago, dick cheney sat down against john edwards and he helped george w. bush stop the bleeding from bush's poor debate against john kerry. here's how that went. >> your hometown news
killed and wounded, democrat wars in this century will be about 1.6 million americans enough to fill the city of detroit. >> senator dole has richly earned his reputation as a hatchet man by implying and stating that world war ii and the korean war were democratic wars. >> now for paul ryan, he's got to worry as a younger candidate against inadvertently walking into a buzz saw against a more experienced opponent the way dan quayle walked into this line from lloyd benson. take a...
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obviously the big cities that are visited by our asian and even i would say south america and russia and middle east and france like paris, geneva, london, rome, i think the business is very buoyant. overall, omega is situated pricewise, our level, we are very, very happy. >> robert frank, i'm a proud omega wearer myself. but a quick question. they did so the surveys in china. they're saying that half of the luxury consumers in china and hong kong are planning to spend a lot less on watches over the next year. how do you read the -- not just the money that's in china right now -- and there's less of it from real estate and the smasht smashtock market -- but also the mindset? >> the mindset is something else. chinese have proven they have great resistance to difficult times. we saw that in 2008 and '09. i think i don't have those figures that you saw regarding the sales affected in china at all, by the way. i still think there is a big interest on how the chinese choose for fine product with a cultural history, with legacy, with a certain dream. talk about james bond before. it is all
obviously the big cities that are visited by our asian and even i would say south america and russia and middle east and france like paris, geneva, london, rome, i think the business is very buoyant. overall, omega is situated pricewise, our level, we are very, very happy. >> robert frank, i'm a proud omega wearer myself. but a quick question. they did so the surveys in china. they're saying that half of the luxury consumers in china and hong kong are planning to spend a lot less on...
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foot city 100 down three quarters. it was up last week. ibex down just under 1% at the moment. p but bond yields still pretty contains. so what are investors to do at the start of the new trading week? here's some of the thoughts already expressed on cnbc today. >> i think the dollar can trade against the euro. you mentioned the australian dollar. that's a little bit more complicated given that the slowdown in asia that we're seeing and in rba that's cutting rates. so it's only right that the aussie dollar is down. >> three point trade on the italian market, so you sell the 2023 paper, buy the 227 and sell the 2029. >> if they leave the euro, they have down side. my view now is that given the omts and what we're seeing, they're a buy. >> plenty more of course coming up throughout the day. meanwhile in britain, the chance lore george osbourne expected to announce further austerity measures in around 30 minutes. he's presenting his plan at the conservative party conference in birming hachl. beccy meehan has been there and she caught up with the chancellor and asked him if more au
foot city 100 down three quarters. it was up last week. ibex down just under 1% at the moment. p but bond yields still pretty contains. so what are investors to do at the start of the new trading week? here's some of the thoughts already expressed on cnbc today. >> i think the dollar can trade against the euro. you mentioned the australian dollar. that's a little bit more complicated given that the slowdown in asia that we're seeing and in rba that's cutting rates. so it's only right that...
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thousands of police around the city. simon hobbs, that did not stop the protesters at all. >> absolutely. i will show you three symbolic acts as the most dominant figure in the european crisis went to the economy that the critics argue she is destroying through austerity. this is probably what will be on the front paging tomorrow morning. on the square next to parliament four people dressed in military uniforms riding and waving black and white and red swastika flags and stuck their hands out in a nazi salute. a lot of banners reading merkel out, this is not a european union, this is slavery. this is an image with huge potency around europe. the second is angela merkel at the news conference stood next to the greek prime minister. symbolic for two reasons. on the one hand she is saying i am a good european and i won't force you out of the eurozone. we have given you lots of money and on the second, particularly important, at home she is saying there will be no more money for you. this isn't a transfer union. there you se
thousands of police around the city. simon hobbs, that did not stop the protesters at all. >> absolutely. i will show you three symbolic acts as the most dominant figure in the european crisis went to the economy that the critics argue she is destroying through austerity. this is probably what will be on the front paging tomorrow morning. on the square next to parliament four people dressed in military uniforms riding and waving black and white and red swastika flags and stuck their hands...
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the company has also been confronting walkouts in eight cities but the numbers have been relatively small. kelly. >> thanks for that, ross. apple has a pretty loyal customer base, perhaps none stronger than in teenagers. 40% of teens own and iphone. 44% own a tablet with the ipad make up three quarters of those devices. kids who plan to buy a new tablet, 43% say they'd be more likely to go with apple if it starts selling a smaller ipad and it's expected to do so sometime this fall. tell us what you think about the loyalty to apple. is it a sign perhaps of saturation? what's it mean for competitors? you can e-mail us here or tweet us. you can also reach us directly. ross? >> still to come on the show, the imf makes its feelings clear on the eurozone. we'll have more details when we come back. we use this board to compare car insurance rates side by side so you get the same coverage, often for less. that's one smart board. what else does it do, reverse gravity? [ laughs ] [ laughs ] [ whooshing ] tell me about it. why am i not going anywhere? you don't believe hard enough. a smarter way to
the company has also been confronting walkouts in eight cities but the numbers have been relatively small. kelly. >> thanks for that, ross. apple has a pretty loyal customer base, perhaps none stronger than in teenagers. 40% of teens own and iphone. 44% own a tablet with the ipad make up three quarters of those devices. kids who plan to buy a new tablet, 43% say they'd be more likely to go with apple if it starts selling a smaller ipad and it's expected to do so sometime this fall. tell...
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we own city habitat, the largest rental brokerage market in the city. we're on the corcoran side, as you know. but it is becoming better and cheaper to own than to rent. there are a number of sources of data on that point. axio metrics which is a firm that follows the rental industry, in 98 out of 100 markets tested, it was cheaper to own than to rent. multi-family industry has literally priced itself out of the market and we are the beneficiary of that. >> finally, mr. smith, a number of hedge funds, large money management funds bought the convertible debentures. we focus on the 180-day lockup. do you expect there will be a lot of selling when that 180 days expires? >> i have no idea what they'll do long term. listen, i'm not focused on that. i'm focused on running the company, doing what's best for shareholders and that's why we're here today. >> you're having a good day so far. thanks for joining us. >>> i want to get back to our big news of the morning. sprint shares still up sharply on our reports and others that japanese company softbank in advanc
we own city habitat, the largest rental brokerage market in the city. we're on the corcoran side, as you know. but it is becoming better and cheaper to own than to rent. there are a number of sources of data on that point. axio metrics which is a firm that follows the rental industry, in 98 out of 100 markets tested, it was cheaper to own than to rent. multi-family industry has literally priced itself out of the market and we are the beneficiary of that. >> finally, mr. smith, a number of...
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they see president obama and new york city the same day netanyahu is, instead of meeting him goes on a daily talk show. they see when we say that these options aren on the table, the secretary of defense walk them back. they are not changing their mind. that's what we have to do is change their mind so they stop pursuing nuclear weapons. >> how do you do it so quickly? look you both saw benjamin netanyahu hold up that picture of a bomb with a red line and talking about the red line being in spring. so, can you solve this? if the romney/ryan ticket is elected, can you solve this in two months before spring and avoid nuclear -- >> we can debate the timeline, whether there's -- it's that short of time or longer. i agree that it's probably longer. number two, it's all about -- >> you don't agree with that bomb and what the israelis want to do -- >> i don't want to go into classified stuff but we both agree that to do this peacefully you have to get them to change their minds. they're not changing their minds and look at what this administration does. >> let me tell you what the ayatollah
they see president obama and new york city the same day netanyahu is, instead of meeting him goes on a daily talk show. they see when we say that these options aren on the table, the secretary of defense walk them back. they are not changing their mind. that's what we have to do is change their mind so they stop pursuing nuclear weapons. >> how do you do it so quickly? look you both saw benjamin netanyahu hold up that picture of a bomb with a red line and talking about the red line being...
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new york city, only reaching 58. farther south, 60s around atlanta, tampa, you'll see some dry skies. florida has been dealing with wet weather over the last several weeks. a little drier for today. some of those lighter showers moving across the upper midwest into the western great lakes, but central southern plain there is to texas, looking pretty good. the big d 82 and partly sunny skies. and then the western half of the nation is all is fair. seattle right around 68 for the day. we have cooler conditions moving in across the northern tier. that's all coming in behind this front which by wednesday will be closer toward the eastern lakes. so now we have a little bit of rain to deal with, rochester, buffalo, syracuse on wednesday. that front heads east as we move into thursday, but makes way for yet another frontal system and that will reinforce the cooler air and also bring us a few more showers to the great lakes. back to you. >>> subpoe&p 500 earnings proje to decline in the third quarter, first time since 2009.
new york city, only reaching 58. farther south, 60s around atlanta, tampa, you'll see some dry skies. florida has been dealing with wet weather over the last several weeks. a little drier for today. some of those lighter showers moving across the upper midwest into the western great lakes, but central southern plain there is to texas, looking pretty good. the big d 82 and partly sunny skies. and then the western half of the nation is all is fair. seattle right around 68 for the day. we have...
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so why is citi so confident? joining us on the set, tobias, good morning. >> good morning, how are you? >> i'm actually slightly confused. spent much of the morning poring over this research. cnbc producers go swinging in all directions with excitement. you sat here, one month ago today, the 12th of september, and you said to us that your year-end target for next year was 1615 on the s&p. so a look at this thundering new vote. now you've upgraded u.s. secretaries equities 1615. the target is the same. i don't understand. what's going on? is this about downgrading japan? >> i think part of it is about downgrading japan. part is the earning revision momentum, changes around the globe, where the u.s. was where everybody else was, if you went back a few weeks ago. as everybody was downgrading earnings trends. and now the u.s. has kind of started to separate from what we're seeing around the world. and that does make sense to some degree. >> but to be clear, your view on this market is constant and other things are fa
so why is citi so confident? joining us on the set, tobias, good morning. >> good morning, how are you? >> i'm actually slightly confused. spent much of the morning poring over this research. cnbc producers go swinging in all directions with excitement. you sat here, one month ago today, the 12th of september, and you said to us that your year-end target for next year was 1615 on the s&p. so a look at this thundering new vote. now you've upgraded u.s. secretaries equities 1615....
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listener, he made decisions, he attracted an all-star team and produced a great result in salt lake city. these are the kind of things that are missing in our government. somebody who has the experience on how to understand people, how to pick people, and get a result that's based upon reality, and when you're building a business you try, if you're a leader, you try and harness simple truths. the simple truth is that everybody in the world wants a better life and the only thing historically that's ever proven to provide a better life is the demand for our labor. the gang of you at cnbc, myself, everybody else, the more demand there is for our labor, the better our life, the less demand for our labor, until there is no demand for our labor and we starve. the purpose of government is to create an environment where the demand for our labor is constantly growing. that's the simple purpose of life, and to take the money out of society, filter it through a bureaucratic government, have it diluted by waste and inefficiency by 20%, 30% or 40% and then decide to give it back, that's a mistake. if
listener, he made decisions, he attracted an all-star team and produced a great result in salt lake city. these are the kind of things that are missing in our government. somebody who has the experience on how to understand people, how to pick people, and get a result that's based upon reality, and when you're building a business you try, if you're a leader, you try and harness simple truths. the simple truth is that everybody in the world wants a better life and the only thing historically...
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. >> we thought he was like the inner city poet. he was this wandering spirit around the city. >> reporter: a dylan-esque detroit native who tried his hand at rock history in the '70s. ♪ >> we walked in and heard the songs he was singing, what he was writing. we had to record him. we had to make a deal. he's great. this is it. >> reporter: but it wasn't. rodriguez's albums flopped in the u.s. somehow, though, his first album, "cold fact" made it halfway around the world and became a massive hit. >> in south africa he was the pantheon of rock gods. >> to us it was one of the most famous records of all time. >> reporter: the sound track of the anti-apartheid movement. but at home in detroit, rodriguez had no idea. he had given up his music career. that was four decades ago. you used to play right across the street there, right? >> i played in a lot of places in detroit. >> reporter: unaware of his fame abroad and getting no royalties, rodriguez lived on little, raising his daughters doing demolition work. >> i'm not a stranger to ha
. >> we thought he was like the inner city poet. he was this wandering spirit around the city. >> reporter: a dylan-esque detroit native who tried his hand at rock history in the '70s. ♪ >> we walked in and heard the songs he was singing, what he was writing. we had to record him. we had to make a deal. he's great. this is it. >> reporter: but it wasn't. rodriguez's albums flopped in the u.s. somehow, though, his first album, "cold fact" made it halfway...
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. >>> and anthony bourdain found himself on the menu when he was roasted in new york city. wait until you hear what his friends have to say. victor! victor! i got your campbell's chunky soup. mom? who's mom? i'm the giants mascot. the giants don't have a mascot! ohhh! eat up! new jammin jerk chicken soup has tasty pieces of chicken with rice and beans. hmmm. for giant hunger! thanks mom! see ya! whoaa...oops! mom? i'm ok. grandma? hi sweetie! she operates the head. [ male announcer ] campbell's chunky soup. it fills you up right. with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine o
. >>> and anthony bourdain found himself on the menu when he was roasted in new york city. wait until you hear what his friends have to say. victor! victor! i got your campbell's chunky soup. mom? who's mom? i'm the giants mascot. the giants don't have a mascot! ohhh! eat up! new jammin jerk chicken soup has tasty pieces of chicken with rice and beans. hmmm. for giant hunger! thanks mom! see ya! whoaa...oops! mom? i'm ok. grandma? hi sweetie! she operates the head. [ male announcer ]...
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amanda switched schools, moved cities, tried to make new friends, but her history followed her, and yes, so did the bullies. here is just a part of amanda's video. amanda todd never found that someone. she was found dead wednesday. authorities believe she finally succeeded in attempting suicide. yesterday christy clark issued a stern warning against bullying on youtube. >> no one deserves to be bullied. no one earns it. no one asks for it. it isn't a right of passage. bullying has to stop. every child, every one needs to be able to feel safe at school. >> the royal canadian mounted police have launched an investigation into amanda's death, but for victims of bullying, there is help. we want you to know that. the trevor project provides crisis prevention and suicide prevention services to victims of bullying and lgbt youth. i'm joined now the executive and ceo of the trevor project, abby land. amanda todd's death is a tragedy certainly that didn't need to happen, like so many others. first, let me ask you, for anyone watching who has a child that might be in trouble, what are resources t
amanda switched schools, moved cities, tried to make new friends, but her history followed her, and yes, so did the bullies. here is just a part of amanda's video. amanda todd never found that someone. she was found dead wednesday. authorities believe she finally succeeded in attempting suicide. yesterday christy clark issued a stern warning against bullying on youtube. >> no one deserves to be bullied. no one earns it. no one asks for it. it isn't a right of passage. bullying has to...
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[ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> egypt's capital is on edge this morning. fierce clashes erupted in cairo yesterday. supporters and opponents of president morsi's new government set cars on fire. more than 100 people were hurt. sparking the fury men on horses and camels charged to charge at them. >>> syria and turkey are even more. the syrian regime has been fighting for months at flash poinths like allepo. but it has killed turkish citizens. >>> launched a cyberwar on u.s. targets, that's according to "wall street journal" they say there has been a string of hacking attacks on american banks and energy and oil companies in the persian gulf and middle east. leon panetta is sounding the alarm. >> these kinds of attacks could be a cyberpe
[ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> egypt's capital is on edge this morning. fierce clashes erupted in cairo yesterday. supporters and...
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but he also pow wows tomorrow with top donors and aides at a campaign summit in new york city. two days after the debate, romney again shares the spotlight with the president as they follow tradition and both attend the al smith dinner in new york city. >>> i'm poppy harlow in new york. coming up, a jam-packed week on wall street. we'll get some critical housing reports, including existing home sales in september. hopefully we will see continuing signs of improvement in the housing market. also on tap, september retail sales data that will come out as well as key inflation readings and a lot of big companies are set to report their earnings this week, including citigroup, goldman sachs, bank of america, coca-cola and microsoft. we'll track all of that and the week's business news on cnn money. >> reporter: i'm a.j. hammer. the brilliant mind hit shows like "two and a half men" and "the big bang theory" will stop by. he will tell us about his new book. >>> also we're backstage at "dancing with the stars." >> i like it, a.j. with respect to evel knievel, there's a new ultimate st
but he also pow wows tomorrow with top donors and aides at a campaign summit in new york city. two days after the debate, romney again shares the spotlight with the president as they follow tradition and both attend the al smith dinner in new york city. >>> i'm poppy harlow in new york. coming up, a jam-packed week on wall street. we'll get some critical housing reports, including existing home sales in september. hopefully we will see continuing signs of improvement in the housing...
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now covering 3000 more 4g cities and towns than verizon. at&t. rethink possible. now covering 3000 more 4g cities and towns than verizon. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management boproductivity up, costs down, thtime to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. >>> this morning the supreme court will revisit the decades long debate over the use of affirmative action in college admissions. they upheld the policy in 2003 giving minority students a leg up at public colleges and universities. this one involves a white student suing the university of texas claiming she was denied entry at account o
now covering 3000 more 4g cities and towns than verizon. at&t. rethink possible. now covering 3000 more 4g cities and towns than verizon. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management boproductivity up, costs down, thtime to market reduced......
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and new york city. more than three times as many passengers road that line than those who decided to fly. >> we need the fastest, most reliable ways to move people, goods and information. from high speed rail to high speed internet. >> reporter: federal money for palg passengers trains has been up for debate before. critics say in this economy it's a ripe target. how forceful will paul ryan be against this issue? >> oh, think paul ryan will be extremely forceful. you have to deal with all the expenditures we make, which are the most efficient and least efficient and amtrak is the least efficient and high-speed rail is not sustainable. >> reporter: advocates say despite the tough talk, amtrak has always survived. >> there's some really basic factors that are driving the love for trains that is going to be difficult for any candidate to ignore. >> reporter: regardless which side of the aisle voters are on, expect a date night collision. >> thank you very much. be sure to stay with cnn for debate coverage
and new york city. more than three times as many passengers road that line than those who decided to fly. >> we need the fastest, most reliable ways to move people, goods and information. from high speed rail to high speed internet. >> reporter: federal money for palg passengers trains has been up for debate before. critics say in this economy it's a ripe target. how forceful will paul ryan be against this issue? >> oh, think paul ryan will be extremely forceful. you have to...
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boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] with the blackish-blue frame and the white dots and the splattered paint pattern, your lights are on. what? [ male announcer ] the endlessly customizable 2013 smart. >>> checking the top stories, a little more than a half hour mitt romney will tell voters his vision for u.s. foreign policy. he will speak at the virginia military institute, and he is expected to attack president obama on his handling of the middle east and iran. we'll bring you the speech live in the next hour. >>> in health news, 91 people in nine states have now come down with a rare strain of fungal meningitis. so far seven people have died in cases linked to taint
boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. more concerts, more events, more experiences. [ jack ] hey, who's boring now? [ male announcer ] get more access with the citi card. [ crowd cheering, mouse clicks ] with the blackish-blue frame and the...